Chicago | Reuters — U.S. soybean futures rallied on Tuesday on eroding Midwest crop conditions and improving export demand, and as soyoil prices rose another three per cent amid further gains in crude oil markets. Corn futures also climbed on deteriorating crop conditions across the heart of the farm belt. Wheat ended lower, though spillover […] Read more
U.S. grains: Soybeans rally as crop conditions drop, soyoil prices rise
Hot weather forecast for heart of Midwest farm belt
When will it end? If the fall rains don’t come, the hurt will continue
Autumn downpours could turn things around but moisture reserves are greatly depleted
Reading Time: 5 minutes Stephen Vandervalk has seen some tough, dry years on his southern Alberta grain operation since he started farming. But never this dry — and never this tough. “We’re combining the worst crop we’ve ever combined in the history of the farm right now,” the Fort Macleod-area grain farmer said earlier this month. “We’re seeing 10- […] Read more
Maersk signs first green methanol deal toward dropping fossil fuels
Copenhagen | Reuters — A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world’s largest shipping firm gears up to operate its first carbon-neutral ship in 2023. With about 90 per cent of world trade transported by sea, global shipping accounts for nearly three per cent of the world’s […] Read more
U.S. grains: Soybeans fall on technicals, U.S. weather
Wheat, corn futures end firm
Chicago | Reuters — U.S. soybean futures fell Wednesday on technical selling and forecasts for welcome rains in northwestern portions of the U.S. Midwest, but wheat and corn futures edged higher. Chicago Board of Trade November soybeans settled down 8-1/4 cents at $13.53-1/4 per bushel (all figures US$). CBOT December wheat ended up 2-3/4 cents […] Read more
Haitians grow impatient for quake aid as hungry crowd gathers
Victims say they still lack food, shelter, clean water; some major hospitals damaged
Les Cayes, Haiti | Reuters — A hungry crowd gathered outside an airport in southern Haiti on Wednesday as people left homeless by an earthquake that killed some 2,000 people voiced anger that government aid was slow to arrive five days after the disaster, leaving many without food and water. Prime Minister Ariel Henry, who […] Read more
U.S. grains: Wheat ends mixed, near 8-1/2-year high
Pro Farmer corn, soy tour begins in U.S.
Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week in the latest estimated reduction […] Read more
Alberta reckons with poor quality, low crop yields
MarketsFarm – Crops in Alberta will not only have much lower yields than in previous years, but good quality crops will be harder to find. Provincial crop condition ratings declined over the past two weeks, according to the Province of Alberta’s biweekly crop report as of Aug. 10, which was released three days later. Only […] Read more
Irrigation adds stability in unstable times
The timing is right for a historic investment in Alberta’s irrigation system
Reading Time: 5 minutes By early July, Richard Stamp already knew he wouldn’t be harvesting his dryland acres this year. “Last year, we had a relatively good crop — double what we would expect on it — but this year, we will not be combining it,” said the Enchant-area pedigreed seed grower. “It’s definitely a big difference this year, […] Read more
Once-in-50-year heat waves now happening every decade: U.N. climate report
Reuters – Extreme heat waves that previously only struck once every 50 years are now expected to happen once per decade because of global warming, while downpours and droughts have also become more frequent, a U.N. climate science report said on Monday. The report www.ipcc.ch/report/ar6/wg1 found that we are already experiencing those effects of climate […] Read more
There will be more heatwaves, and we need to be prepared
Extreme heat is no different than any natural disaster, so get an emergency checklist ready
Reading Time: 3 minutes By the time you read this, one of the longest heatwaves to hit the Prairies should be ancient history and you’ll be assessing what the ramifications were. If this becomes an event we see every few years (global warming?), we need to explore how we can potentially initiate emergency measures to help cattle cope. For […] Read more
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